"GTW LEADS ALL IN P.C SALES..
DON'T LISTEN TO COMPETITORS SELLING STORIES.
RESEARCH ALERT-CSFB raises Gateway to "buy"
NEW YORK, Jan 4 (Reuters)..."
Funny, but the story you posted doesn't really support your claim. I believe Gateway is currently around 5th in market share, right around Apple.
"In particular the doctors and researchers from Yale's School of Medicine told school administrators that if they thought they were going to replace their Macs with PCs then they could go straight to hell"
I can believe it. My wife's a scientist, and they tend to be mac-heads.
"Think you may be missing the point. Most software/hardward companies want to support the standard. Therefore they develop for windows first, and just maybe for mac latter on. Take computer games for example."
Sure. But it's been this way since the '80s.
"Because of this, hardware for mac is more expensive."
Not like it used to be, though. I own a wintel. No mac. My printer will work on both. So will my handheld organizer. So will my video camera (in fact, I had to go out and buy a 1394 card to make it work in my machine, so that would have been cheaper on a mac). So will my mouse. The only external stuff that won't work are my parallel scanner and zip drive, which I've had for years. If I had bought them new, they'd almost certainly be USB, and would have worked in either.
If I had a decent hard drive (i.e. SCSI), that would be cross platform too. My computer, being old and cheap, doesn't have a SCSI port though. I believe these come standard on a mac as well.
Perhaps someone else has already mentioned this, but even Apple goes to 10%, approximately doubling their marketshare, they will have done twice as well as the average player in the industry. That would be fantastic growth: They'd have the growth of the industry*their relative growth in market share.
If you feel that Apple isn't a good investment because they won't double do better than double their marketshare, certainly you wouldn't buy MS stock. After all, they could only raise their marketshare by a small fraction.
I'd heard it too, as part of the "What's Apple going to announce at MacWorld?" rumorfest.
The fact that we haven't heard anything, along with that Jobs spent time talking up FCP, suggests that this was idle speculation.
But who knows...
I'd be amazed if it went anywhere. Parallel processing has been covered pretty comprehensively in academia for decades. All Apple would have to do would be to come up with a paper discussing whatever the patent holder claims is covered, and the suit would be out the door. Keep in mind, the patent was apparently filed in '96. I'd be amazed if they really came up with something new...
"I seem to remember Avid's release saying that they suffered especially badly in Europe"
I seem to remember from the conference call, they linked this to the weakening Euro more than to decreased demand...But I could be getting my stocks confused. :)
"Sure, it can't go up for ever, but do you see it going down"
Yes. Most of the analysis I've seen shows the dollar being overvalued. I'm not sure when this will correct itself (and it may even be out a couple of years) but eventually it will, so I can see some wisdom in long term investing in companies who stand to gain from a stronger international market, but who have a pretty good American market. I think Avid fits that mold, putting aside the current slump.
So to me, this stock seems to be at a low (or was a few days ago), and I don't see a point in selling. I'm not sure when it's going to come back, and I don't see us going to 30, but I could see 15 or so in the next 6 months to a year. I'm not sure I'd put any more money into Avid, but I think I'll hold on to what I have.
On the other hand, Price/Book is under 2, Price/Sales is at .5, we know why they had a bad quarter, and when the economy comes back, they're going to be making money again, even if their competition takes off a bit of marketshare. They still have a big name, there's still a lot of growth opportunity overseas (and the dollar won't be going up forever), there's still a lot of opportunity in broadcast (which will switch to digital one of these days, even though they've been rediculously slow at doing so).
the stock is holding up. If you notice, there are signs that some major buyers are in the market. Note the upward, high volume spikes: one around 9:40, the other around 10:40.
Perhaps this was already priced in by the big money?
Keep in mind, one of the analysts said a few days back that today would be the day to sell. My guess is that we'll have to wait at least several days to see a climb back to 26 unless the market goes nuts again. Weak hands, and all...
Uh...no? We were 44 cents a year ago, in much different market conditions, and were only at 70.